Industry Description
Establishments primarily engaged in underwriting financial responsibility insurance.
Business Examples
Common types of business activities within US SIC 6351 - Surety Insurance are:
- Assessment associations, surety and fidelity insurance
- Bonding for guaranteeing job completion
- Bonding of employees
- Bonding, fidelity or surety
- Credit and other financial responsibility insurance
- Fidelity insurance
- Financial responsibility insurance
- Liability insurance
- Mortgage guaranty insurance
- Reciprocal interinsurance exchanges,
- Surety and fidelity insurance
- Surety insurance
- Warranty insurance, home
IBISWorld Industry Research Report
Property, Casualty and Direct Insurance in the US (52412)
Revenue 2025
$1021.1bn
Growth 2025
2.07%
Key Trends
Industry revenue has benefited from a hardening price cycle during the majority of the period
P&C premiums fluctuate because of changes in pricing
Growth in total policies underwritten along with rising premium prices will help insurers sustain profitability
Products and Services
US-SIC Hierarchy 6351 - Surety Insurance
US-SIC Code 6351 - Surety Insurance sits in the 2-digit Surety Insurance sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: H
Division Title: Finance, Insurance, and Real Estate
2 Digits 3 Digits 4 Digits
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601 Central Reserve Depository Institutions
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602 Commercial Banks
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603 Savings Institutions
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606 Credit Unions
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608 Foreign Banking and Branches and Agencies Of
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609 Functions Related To Depository Banking
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611 Federal and Federally-sponsored Credit Agencies
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614 Personal Credit Institutions
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615 Business Credit Institutions
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616 Mortgage Bankers and Brokers
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621 Security Brokers, Dealers, and Flotation
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622 Commodity Contracts Brokers and Dealers
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623 Security and Commodity Exchanges
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628 Services Allied With the Exchange of Securities
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631 Life Insurance
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632 Accident and Health Insurance and Medical
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633 Fire, Marine, and Casualty Insurance
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635 Surety Insurance
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636 Title Insurance
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637 Pension, Health, and Welfare Funds
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639 Insurance Carriers, Not Elsewhere Classified
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651 Real Estate Operators (except Developers) and Lessors
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653 Real Estate Agents and Managers
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654 Title Abstract Offices
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655 Land Subdividers and Developers
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671 Holding Offices
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672 Investment Offices
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673 Trusts
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679 Miscellaneous Investing
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Extended US-SIC Hierarchy for 6351 - Surety Insurance
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 6351 - Surety Insurance. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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635101 Bonds-bail
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635102 Bonds-surety & fidelity
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635103 Insurance-bonds
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635104 Insurance-liability
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635105 Credit card-protection service
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635106 Bonding agents
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635107 Home warranty plans
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635108 Bail commissioners
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635109 Warranty programs-extended
8 Digit SIC Codes
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63510000 Surety insurance
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63510100 Surety insurance bonding
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63510101 Employee bonding
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63510102 Fidelity or surety bonding
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63510103 Job completion guarantee bonding
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63510200 Fidelity insurance
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63510201 Fidelity responsibility insurance
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63519900 Surety insurance, nec
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63519901 Assessment associations, surety and fidelity insurance
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63519902 Credit and other financial responsibility insurance
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63519903 Liability insurance
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63519904 Mortgage guarantee insurance
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63519905 Reciprocal interinsurance exchanges: surety, fidelity
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63519906 Warranty insurance, home
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US SIC Code Directory
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